Longfin Corp. Options Begin Trading on Nasdaq

New York, Jan. 30, 2018 (GLOBE NEWSWIRE) -- Longfin Corp. ("Longfin" or the "Company") (NASDAQ:LFIN), a global FinTech company, has announced that its options have begun trading for February 16, 2018, March 16, 2018, June 15, 2018, and September 21, 2018 contract expiration, as reported on the Nasdaq Option Chain.

Longfin Corp (Nasdaq:LFIN) is a US-based, global Fintech company powered by artificial intelligence (AI) and machine learning. The Company, through its wholly-owned subsidiary, Longfin Tradex Pte. Ltd, delivers FX and alternative finance solutions to importers/exporters and SME's. Ziddu.com owned by the company is the only marketplace for smart contracts powered by Consensus Settlement Algorithm on Ethereum blockchain. Ziddu Ethereum ERC20 blockchain Token uses a technology stack in which Smart Contracts run in distributed virtual machines, which in turn run on a Consensus Settlement Algorithm (CSA) providing solutions to warehouse / international trade financing, micro-lending, FX OTC derivatives, bullion finance, and structured products. Currently, the company has operations in Singapore, Dubai, New York and India.

Carry Trade Financing is provided by placing deposits in emerging
market currencies with high-yields and discounted in low-yield
currencies of developed markets. LongFin also provides financing for
Option Volatility based Commodity Trades between offshore and onshore
NDF Markets.

Our Carry Trade Financing is executed through commodity Structured Trade Flows. We place deposits in High-yield emerging money markets and
secure the lending risk through trade finance instruments. The
instruments are discounted in low-yield interest rate developed
countries

What we do in Structured Trade Finance
We work with leading global companies specialized in the world of
global trade in Commodities, Agri Commodities, Metals and Precious
Metals.
We combine the power of ART (Alternative Risk Transfer) to convert
the country risk and asset risk into a performance risk for A or AA
asset classes.

We also Syndicate and Distribute the Bank Risk, Buyers Risk,
Suppliers Risk and FX Risk through various Structured Instruments.
Global Trade Flows are continuously increasing across the
geographies thus creating the huge gap between trade flows and financing
facilities.

LongFin has big opportunity to package and play as Non-Banking
Intermediary by way of transferring Bank Risk, Country Risk, Buyers
Risk, Forex Risk, Cross Currency Risk, Interest Rate Risk, Trading Risk
using own proprietary global connectivity on low-latency networks
connected through multiple exchanges.